FNDC vs MXI: Holdings Overlap
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDC: 2026-05-31, MXI: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FNDC and MXI?
Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580 positions; iShares Global Materials ETF (MXI, by iShares) holds 101. They have 7 holdings in common, and by portfolio weight the two funds are 0.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7FNDC holds 1580 · MXI holds 101
- Weight in Shared Holdings
- FNDC 1%·MXI 2%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FNDC
1573 of 1580 positions (98.4% of the fund) are not held by MXI. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FNDC vs MXI →
Shared Holdings(7)
The top 7 shared positions account for 99% of the overlap, led by PLS, EVN and 4612.
 PLSPLS Group Ltd | 0.22% | 0.38% | 0.22% |
|---|---|---|---|
 EVNEvolution Mining Ltd. | 0.15% | 0.62% | 0.15% |
 4612Nippon Paint Holdings Co Ltd. NPV | 0.13% | 0.23% | 0.13% |
 EDVEndeavour Mining PLC | 0.13% | 0.38% | 0.13% |
 SIGNSIG Group AG | 0.12% | 0.17% | 0.12% |
 SCABSvenska Cellulosa Aktiebolaget SCA (publ) SER'B'NPV | 0.09% | 0.23% | 0.09% |
 LYCLynas Rare Earths Ltd | 0.06% | 0.42% | 0.06% |
Frequently Asked Questions
How much do FNDC and MXI overlap?
FNDC and MXI overlap by 0.9% of portfolio weight. They share 7 holdings (FNDC holds 1580 positions and MXI holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDC and MXI?
The two portfolios are 0.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FNDC and MXI?
The largest positions held by both funds are PLS, EVN, 4612, EDV and SIGN. Together the top 7 shared positions account for 99% of the total overlap.
What does FNDC own that MXI doesn't?
1573 positions (98.4% of FNDC) are unique to FNDC, led by 4062, 047040 and TSEMIL-S. In the other direction, 94 positions (97.3% of MXI) are unique to MXI.